3 Bs Money Skills Programme
QUIDS IN! AND PARTNERS
Quids in! (Social Publishing Project) works in partnership with Clean Slate Training & Employment, which works in Universal Credit (UC) Pathway areas (Bath and South London). Together, we successfully piloted a cohesive response to UC offering work, money and digital skills support through peer advisers and structured training in established community settings. We hope to establish similar partnerships in other areas. The sector-facing Quids In Professional Network undertakes research, shares intel and best practice, and helps influence policy through a network of around 3,000 advisers nationwide.
WHAT WE KNOW ABOUT LOW INCOME HOUSEHOLDS
Celebrating its 10th anniversary in 2018, Quids in! has been there for low income households through the economic crash, recession, rocketing unemployment, austerity and welfare reform. We followed the development and implementation of UC, building advice and information into core activity, guides and the 3 Bs money skills sessions. We know one in five claims fail or are delayed, affecting vulnerable people most. We know not being online and not having a bank account (or ready access to ID) are key factors. And we know those affected are not prepared for five weeks without an income, let alone more, and lack the skills to manage monthly payments made in arrears.
Quids in! research found that among low income households:
3 Bs MONEY SKILLS
Budgeting, Banking and Being online, (the 3 Bs), present the triple-threat for vulnerable claimants moving onto Universal Credit but also form a robust starting point for anyone wanting to improve their financial wellbeing. This day-long programme, which can be modularised for groups who may find this a challenge, is fully interactive:
Quids in! (Social Publishing Project) works in partnership with Clean Slate Training & Employment, which works in Universal Credit (UC) Pathway areas (Bath and South London). Together, we successfully piloted a cohesive response to UC offering work, money and digital skills support through peer advisers and structured training in established community settings. We hope to establish similar partnerships in other areas. The sector-facing Quids In Professional Network undertakes research, shares intel and best practice, and helps influence policy through a network of around 3,000 advisers nationwide.
WHAT WE KNOW ABOUT LOW INCOME HOUSEHOLDS
Celebrating its 10th anniversary in 2018, Quids in! has been there for low income households through the economic crash, recession, rocketing unemployment, austerity and welfare reform. We followed the development and implementation of UC, building advice and information into core activity, guides and the 3 Bs money skills sessions. We know one in five claims fail or are delayed, affecting vulnerable people most. We know not being online and not having a bank account (or ready access to ID) are key factors. And we know those affected are not prepared for five weeks without an income, let alone more, and lack the skills to manage monthly payments made in arrears.
Quids in! research found that among low income households:
- 74% did not save for setbacks and just 30% had a savings account; 39% did not use a bank account at all
- Just 67% had a PC at home and 11% said they had no access to the internet anywhere
- Working age people not in full-time work said that on account of money worries: 48% skipped meals, 51% turned off heating despite being cold, 32% felt physically ill, 68% felt anxious, frightened or depressed
3 Bs MONEY SKILLS
Budgeting, Banking and Being online, (the 3 Bs), present the triple-threat for vulnerable claimants moving onto Universal Credit but also form a robust starting point for anyone wanting to improve their financial wellbeing. This day-long programme, which can be modularised for groups who may find this a challenge, is fully interactive:
- Learners explore their attitudes to money, their hopes and fears, set goals and develop an understanding of their rights. Talking together, they realise they are not alone and identify where to find help
- There is no expectation for anyone to share personal information, instead we invite them to help create a personalised edition of Quids in! magazine, for example reviewing and listing their top tips on the 3 Bs but also on spending wisely, building some savings, maximisng their income and fending off debt
- It's a uniquely interactive programme, as attendees become editor for the day, working up ‘cheap eats’ recipes, researching online calculators and playing agony aunt/uncle to offer advice to people like themselves
TO BUY IN, COMMISSION OR LICENCE
3 Bs money skills sessions can be bought in to be delivered anywhere in the UK by one of Quids in!’s facilitators by the day or commissioned as a rolling support service. Partner organisations with established community engagement programmes can purchase a licence to deliver this unique money skills project. The annual licence includes:
3 Bs money skills sessions can be bought in to be delivered anywhere in the UK by one of Quids in!’s facilitators by the day or commissioned as a rolling support service. Partner organisations with established community engagement programmes can purchase a licence to deliver this unique money skills project. The annual licence includes:
- Training of local facilitators and peer advisers, plus quality assurance through observation visits/ feedback
- Provision of Quids in! branded learning materials, worksheets and Readers Club email subscriptions
- Independent benchmarking, monitoring and impact measurement through remote contact with learners
To enquire about 3 Bs Training, get in touch using the contact form below or call 08456 460 469.